Is the U.S. economy about to collapse?

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  • fanch75fanch75 Posts: 3,734
    jeffbr wrote:
    Do you also raise your own livestock for your milk and butter, grow your own vegetables, spin your wool into yarn, weave your yarns into fabrics, create clothes from your fabrics, fell your trees to provide shelter and heat, generate your own electricity to power the computer that you build out of semiconductors of your own design and manufacture so you can post here?

    Somewhere along the line, even if you don't have a job, your'e probably relying on someone who is for some good or service.

    and bytchez STILL ain't shyt!
    Do you remember Rock & Roll Radio?
  • jlew24asujlew24asu Posts: 10,118
    gue_barium wrote:
    Isn't it the big ones that should go under?

    the big ones can make up for heavy losses. the smaller ones cant
  • gue_bariumgue_barium Posts: 5,515
    mammasan wrote:
    Like jeff said it's not something you believe in like Santa Claus or the Yeti. It is reality. You need money to obtain the necessities, food, shelter, clothing. To legally obtain money you need to have a job. When the economy is good there are more jobs which equals less unemployed people. When the economy is bad you have less jobs which equals more unemployed people. The more unemployed people you have the more people there are who are struggling to provide the basic necessities for themselves and/or their families. Prolonged high levels of unemployment puts a huge strain on the government and may lead to an increase in taxes in order to provide for these people. That in turn puts more of a strain on the rest of society who is now forced to burden the bill. Just look at what happened during the Great Depression when the market completely bottomed out and our economy came to a skreeching halt. How many people went hungry and died? That is why the economy is important.

    Whew.
    I appreciate the effort. Even if it seems like everyone is being condescending, I guess I asked for it. If you want to know something, find out on your own.


    I guess I don't really want to know, though. I mean, if it seemed like something I could get onboard with...then... I'm just not seeing any reason to be alarmed, and I don't see any reason to be afraid to live without any money. We're already slaves anyway. Maybe an economic collapse is the jolt we need for a proper revolt.

    all posts by ©gue_barium are protected under US copyright law and are not to be reproduced, exchanged or sold
    except by express written permission of ©gue_barium, the author.
  • Here's some links of information some may be interested in. It pays to know a bit about it, and think about it casually in advance just in case.

    http://www.lifeaftertheoilcrash.net/Prepare.html
    Progress is not made by everyone joining some new fad,
    and reveling in it's loyalty. It's made by forming coalitions
    over specific principles, goals, and policies.

    http://i36.tinypic.com/66j31x.jpg

    (\__/)
    ( o.O)
    (")_(")
  • jlew24asujlew24asu Posts: 10,118
    Here's some links of information some may be interested in. It pays to know a bit about it, and think about it casually in advance just in case.

    http://www.lifeaftertheoilcrash.net/Prepare.html

    it really must suck to live in constant fear ?
  • gue_bariumgue_barium Posts: 5,515
    jlew24asu wrote:
    it really must suck to live in constant fear ?

    jlew.

    think.

    all posts by ©gue_barium are protected under US copyright law and are not to be reproduced, exchanged or sold
    except by express written permission of ©gue_barium, the author.
  • jlew24asu wrote:
    it really must suck to live in constant fear ?

    If you consider knowledge fear...

    I don't live in fear. I'm 20-30 years ahead of the game whatever happens financially.

    I'll be just fine regardless.
    Progress is not made by everyone joining some new fad,
    and reveling in it's loyalty. It's made by forming coalitions
    over specific principles, goals, and policies.

    http://i36.tinypic.com/66j31x.jpg

    (\__/)
    ( o.O)
    (")_(")
  • mammasanmammasan Posts: 5,656
    gue_barium wrote:
    Whew.
    I appreciate the effort. Even if it seems like everyone is being condescending, I guess I asked for it. If you want to know something, find out on your own.


    I guess I don't really want to know, though. I mean, if it seemed like something I could get onboard with...then... I'm just not seeing any reason to be alarmed, and I don't see any reason to be afraid to live without any money. We're already slaves anyway. Maybe an economic collapse is the jolt we need for a proper revolt.


    You are already onboard. The minute you started working and/or purchasing goods/services you became part of the economy
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
  • gue_bariumgue_barium Posts: 5,515
    mammasan wrote:
    You are already onboard. The minute you started working and/or purchasing goods/services you became part of the economy

    Yeah. Understood. The SSN, too. That kind of sealed the deal.

    all posts by ©gue_barium are protected under US copyright law and are not to be reproduced, exchanged or sold
    except by express written permission of ©gue_barium, the author.
  • mammasanmammasan Posts: 5,656
    gue_barium wrote:
    Yeah. Understood. The SSN, too. That kind of sealed the deal.

    No not necessarily. You can have a SSN# and still not be a contributor to our economy. My children have SSN#s and they contribute nothing to the economy.
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
  • gue_bariumgue_barium Posts: 5,515
    mammasan wrote:
    No not necessarily. You can have a SSN# and still not be a contributor to our economy. My children have SSN#s and they contribute nothing to the economy.

    In the sense that the money that isn't taken from you because of their dependency, they do.

    all posts by ©gue_barium are protected under US copyright law and are not to be reproduced, exchanged or sold
    except by express written permission of ©gue_barium, the author.
  • mammasanmammasan Posts: 5,656
    gue_barium wrote:
    In the sense that the money that isn't taken from you because of their dependency, they do.

    You are correct.
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
  • jlew24asujlew24asu Posts: 10,118
    gue_barium wrote:
    In the sense that the money that isn't taken from you because of their dependency, they do.

    atta boy. you're getting it. ;)
  • godpt3godpt3 Posts: 1,020
    If you consider knowledge fear...

    knowledge without perspective is a dangerous thing.
    "If all those sweet, young things were laid end to end, I wouldn't be the least bit surprised."
    —Dorothy Parker

    http://img210.imageshack.us/img210/6902/conspiracytheoriesxt6qt8.jpg
  • THCTHC Posts: 525
    No. the U.S. economy is not about to collapse...nor will it anytime soon.
    there is soo much foreign investment in the U.S. it really couldn't. w/ multi-national corporations...and all the Friedman talk about how this cross-pollonization of economy's due to international/multinational corporations takes place...i just don't see it happening...
    (i didn't read the thread...just answered the posters question)....sorry...
    “Kept in a small bowl, the goldfish will remain small. With more space, the fish can grow double, triple, or quadruple its size.”
    -Big Fish
  • godpt3 wrote:
    knowledge without perspective is a dangerous thing.

    It is, but in this case that means nothing in the big picture. It's all hypothetical opinion. If you think it does apply, than maybe start up a conspiracy to deny the great depression.... (you know what I mean)

    The US dollar is backed (at the moment) by military might and perceived popularity. It can be called in at any time, or lose popularity, and for whatever reason. America as a country has already lost a lot of popularity around the world.

    You're absolutely free to say that, but you don't have a crystal ball, and some troubling circumstances do remain in America's financial matters.

    The US is spending money it does not have. I sure to hell hope China doesn't get fed up at any point or have a falling out.

    Which, I believe, backs up my NAU findings.
    Progress is not made by everyone joining some new fad,
    and reveling in it's loyalty. It's made by forming coalitions
    over specific principles, goals, and policies.

    http://i36.tinypic.com/66j31x.jpg

    (\__/)
    ( o.O)
    (")_(")
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